NYSE:BGG - Briggs & Stratton Stock Price, News, & Analysis

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$12.35 -0.28 (-2.22 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$12.63
Today's Range$12.33 - $12.68
52-Week Range$11.34 - $21.83
Volume591,900 shs
Average Volume445,432 shs
Market Capitalization$520.00 million
P/E Ratio9.57
Dividend Yield4.43%
Beta0.9
Briggs & Stratton Corporation designs, manufactures, markets, sells, and services gasoline engines for outdoor power equipment to the original equipment manufacturers in the United States. It operates in two segments, Engines and Products. The Engines segment offers four-cycle aluminum alloy gasoline engines that are used primarily by the lawn and garden equipment industry. This segment's products are used in various lawn and garden equipment applications, including walk-behind lawn mowers, riding lawn mowers, garden tillers, and snow throwers, as well as products for industrial, construction, agricultural, and other consumer applications, such as portable and standby generators, pumps, and pressure washers. It also manufactures and sells replacement engines and service parts to sales and service distributors. This segment primarily sells commercial engines under the Vanguard brand. The Products segment primarily provides a line of lawn and garden power equipment, turf care products, portable and standby generators, pressure washers, snow throwers, and job site products. This segment sells its products through various channels of retail distribution comprising consumer home centers, warehouse clubs, mass merchants, independent dealers and distributors, and online merchants under its own brands that include the Briggs & Stratton, Simplicity, Snapper, Snapper Pro, Ferris, Allmand, Billy Goat, Murray, Branco, and Victa, as well as other brands, which comprise Craftsman and Troy-Bilt. The company also exports its products to customers in Europe, Asia, Australia, and Canada. Briggs & Stratton Corporation was founded in 1908 and is headquartered in Wauwatosa, Wisconsin.

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Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP10904310
Phone414-259-5333

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.88 billion
Cash Flow$2.6221 per share
Book Value$13.37 per share

Profitability

Net Income$-11,320,000.00

Miscellaneous

Employees5,185
Market Cap$520.00 million
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

Briggs & Stratton (NYSE:BGG) Frequently Asked Questions

What is Briggs & Stratton's stock symbol?

Briggs & Stratton trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."

How often does Briggs & Stratton pay dividends? What is the dividend yield for Briggs & Stratton?

Briggs & Stratton declared a quarterly dividend on Wednesday, January 23rd. Investors of record on Tuesday, March 19th will be paid a dividend of $0.14 per share on Wednesday, April 3rd. This represents a $0.56 annualized dividend and a yield of 4.53%. The ex-dividend date of this dividend is Monday, March 18th. View Briggs & Stratton's Dividend History.

How will Briggs & Stratton's stock buyback program work?

Briggs & Stratton announced that its Board of Directors has approved a share buyback plan on Wednesday, April 25th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were Briggs & Stratton's earnings last quarter?

Briggs & Stratton Co. (NYSE:BGG) announced its earnings results on Wednesday, January, 23rd. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.05. The industrial products company had revenue of $505.50 million for the quarter, compared to analysts' expectations of $461.71 million. Briggs & Stratton had a negative net margin of 1.24% and a positive return on equity of 8.12%. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.25 earnings per share. View Briggs & Stratton's Earnings History.

When is Briggs & Stratton's next earnings date?

Briggs & Stratton is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Briggs & Stratton.

How can I listen to Briggs & Stratton's earnings call?

Briggs & Stratton will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Briggs & Stratton issued on next quarter's earnings?

Briggs & Stratton issued an update on its FY19 earnings guidance on Wednesday, January, 23rd. The company provided EPS guidance of $1.10-1.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.44. The company issued revenue guidance of $1.94 billion, compared to the consensus revenue estimate of prior $1.40-1.60.Briggs & Stratton also updated its FY 2019 guidance to $1.10-1.30 EPS.

What price target have analysts set for BGG?

3 Wall Street analysts have issued twelve-month target prices for Briggs & Stratton's shares. Their predictions range from $14.00 to $25.00. On average, they anticipate Briggs & Stratton's share price to reach $18.3333 in the next twelve months. This suggests a possible upside of 48.4% from the stock's current price. View Analyst Price Targets for Briggs & Stratton.

What is the consensus analysts' recommendation for Briggs & Stratton?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Briggs & Stratton in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Briggs & Stratton.

Has Briggs & Stratton been receiving favorable news coverage?

Media stories about BGG stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Briggs & Stratton earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of Briggs & Stratton's key competitors?

What other stocks do shareholders of Briggs & Stratton own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Briggs & Stratton investors own include CVS Health (CVS), Micron Technology (MU), AT&T (T), Schlumberger (SLB), General Electric (GE), Pfizer (PFE), NVIDIA (NVDA), Weyerhaeuser (WY), Merck & Co., Inc. (MRK) and Paypal (PYPL).

Who are Briggs & Stratton's key executives?

Briggs & Stratton's management team includes the folowing people:
  • Mr. Todd J. Teske, Chairman, CEO & Pres (Age 54)
  • Mr. Mark Alan Schwertfeger, Sr. VP & CFO (Age 42)
  • Ms. Kathryn Mary Buono, VP, Gen. Counsel, Corp. Sec. & Principal Compliance Officer (Age 57)
  • Mr. William H. Reitman, Sr. VP & Pres of Global Support (Age 63)
  • Mr. David James Rodgers, Sr. VP and Pres of Engines & Power (Age 48)

Who are Briggs & Stratton's major shareholders?

Briggs & Stratton's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.32%), Brandes Investment Partners LP (8.72%), Dimensional Fund Advisors LP (8.55%), LSV Asset Management (5.56%), Northern Trust Corp (2.10%) and Bank of New York Mellon Corp (1.86%). Company insiders that own Briggs & Stratton stock include Andrea L Golvach, David J Rodgers, Frank M Jaehnert, Todd J Teske and William H Reitman. View Institutional Ownership Trends for Briggs & Stratton.

Which major investors are selling Briggs & Stratton stock?

BGG stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Bank of America Corp DE, TD Asset Management Inc., Two Sigma Investments LP, Millennium Management LLC, Oppenheimer & Co. Inc., RPG Investment Advisory LLC and MetLife Investment Advisors LLC. View Insider Buying and Selling for Briggs & Stratton.

Which major investors are buying Briggs & Stratton stock?

BGG stock was acquired by a variety of institutional investors in the last quarter, including Brandes Investment Partners LP, Norges Bank, Peregrine Capital Management LLC, QS Investors LLC, Bank of New York Mellon Corp, D. E. Shaw & Co. Inc., Cambridge Investment Research Advisors Inc. and LSV Asset Management. View Insider Buying and Selling for Briggs & Stratton.

How do I buy shares of Briggs & Stratton?

Shares of BGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Briggs & Stratton's stock price today?

One share of BGG stock can currently be purchased for approximately $12.35.

How big of a company is Briggs & Stratton?

Briggs & Stratton has a market capitalization of $520.00 million and generates $1.88 billion in revenue each year. The industrial products company earns $-11,320,000.00 in net income (profit) each year or $1.29 on an earnings per share basis. Briggs & Stratton employs 5,185 workers across the globe.

What is Briggs & Stratton's official website?

The official website for Briggs & Stratton is http://www.basco.com.

How can I contact Briggs & Stratton?

Briggs & Stratton's mailing address is 12301 WEST WIRTH STREET, WAUWATOSA WI, 53222. The industrial products company can be reached via phone at 414-259-5333.


MarketBeat Community Rating for Briggs & Stratton (NYSE BGG)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  431
MarketBeat's community ratings are surveys of what our community members think about Briggs & Stratton and other stocks. Vote "Outperform" if you believe BGG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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